philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Brit Foundation FY2020 filing

Tax-deductible

Fort Worth, TX501(c)(3)Environment EIN 82-3290786Revenue $2.7M in FY2020Latest return filed Aug 14, 2025

On file with the IRSbrit.orgFort Worth, TXTax-exempt since Apr 2018Supporting org, Type I — 509(a)(3)

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $1,000 a year, plus $10 a year for the ID check.

How does your 990 look to donors? Take the 10-Question Audit

The Foundation holds and maintains the long-term investments for the benefit of a 501(c)(3) entity, botanical research institute of texas. Foundation is a supporting entity of the botanical research institute of texas under irc section 509(a)(1).

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 82-3290786) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $2.0M a year · 257% of revenue · last 5 filings
A surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
99%
of spending
99% of spending went to programs.
Pt IX · Ln 25 · col B
Cash reserves
16.2 mo
of spending, in cash
Plus $63.7M in investments, Pt X · Ln 11–13
16.2 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $36K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
7
of 7 voting members
7 of 7 voting members are independent.
Pt VI · Ln 1a–1b
In line with peersDifferent from peersFar from peersNo peer rangeNo data yetTap a box for the reason.
Revenue
$2.7M
Spent
$2.6M
To programs
99%
Net assets
$69.2M
By yearFY2020–FY2024
Revenue
$2.7M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$2.7M
FY2021$531K
FY2022$55K
FY2023$146K
FY2024$381K
Expenses
$2.6M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$2.6M
FY2021$2.9M
FY2022$2.5M
FY2023$2.9M
FY2024$2.8M
Net assets
$69.2M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$69.2M
FY2021$76.9M
FY2022$65.3M
FY2023$71.4M
FY2024$76.6M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

Give Follow Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2018.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $2.6M Management & general 1% · $27K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Mr Edward P Bass
Member, Board of Directors
$0Pt VII · Sec A
Mr Charles Denison
Member, Board of Directors
$0Pt VII · Sec A
Mr Alfred J Lockwood
Member, Board of Directors
$0Pt VII · Sec A
Ms Mary M Matranga
Member, Board of Directors
$0Pt VII · Sec A
Mr James Day
Member, Board of Directors
$0Pt VII · Sec A
$0Pt VII · Sec A
See Brit Foundation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Manages long-term investments to support botanical research.

Questions for Brit Foundation

Tap to ask. Brit Foundation sees how many people are interested.

Your first name shows with your question. Brit Foundation answers here, for everyone.

1 program · $2.6M · in their own filed words · FY2020
01

Fund management

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 82-3290786) · Dispute this line
$2.6Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Fort Worth Tourism Public Improvement District CorporationFY2024$36K
Total grants receivedfrom 1 funder$36K
Grants paid · 5 grants · $13.5M · 2020–2024
Botanical Research Institute of Texas INCTX · FY2024$2,777,256
Botanical Research Institute of Texas INCTX · FY2023$2,828,919
Botanical Research Institute of Texas INCTX · FY2022$2,475,775
Botanical Research Institute of Texas INCTX · FY2021$2,852,985
Botanical Research Institute of Texas INCTX · FY2020$2,566,817

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$2.7M
Ln 12
Gifts and grantsLn 1h$1.8M
Other incomeLn 4–11$860K
Investment incomeLn 3$8K
Money outPt IX
$2.6M
Ln 25
Programscol B$2.6M
Managementcol C$27K
Owns and owesPt X
$69.2M
net assets · Ln 32
Cash and savingsLn 1–2$3.5M
Total assetsLn 16$69.2M
LiabilitiesLn 26$0
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.8M
Investment incomeLn 3$8K
Other incomeLn 4–11$860K
Gains on assetsLn 7$860K
Total revenueLn 12$2.7M
Assets in detailPt X, end of year
CashLn 1$3.5M
Cash and savings togetherLn 1–2$3.5M
Pledges and grants receivableLn 3$1.9M
Accounts receivableLn 4$2K
InvestmentsLn 11–13$63.7M
Total assetsLn 16$69.2M
LiabilitiesLn 26$0
Net assetsLn 32$69.2M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Investment feesPt IX, Sch D
Investment fees, as reportedPt IX 11f$18K
Share of the $69.2M endowmentSch D 1g0.03%
Typical, median of 2,202 orgs0.44%
EndowmentSch D · Pt V
LineFY20FY19FY18
End of yearLn 1g$69.2M$63.2M$56.5M
AddedLn 1b$1.8M$1.9M$62.0M
SpentLn 1d–1f$2.6M$2.8M$2.2M
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$920K$3.5M
InvestmentsLn 11–13$59.9M$63.7M
Total assetsLn 16$62.8M$69.2M
LiabilitiesLn 26$128K$0
Net assetsLn 32$62.7M$69.2M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2.6M$2.6M
Legal feesLn 11b$23K$23K
Investment management feesLn 11f$18K$18K
Office expensesLn 13$597$597
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$93$93
Total functional expensesLn 25$2.6M$2.6M$27K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Aug 14, 2025 $381K$2.8M−$2.4M$76.6M 990 PDF
FY2023Filed with the IRS Aug 29, 2024 $146K$2.9M−$2.7M$71.4M 990 PDF
FY2022Filed with the IRS Sep 25, 2023 $55K$2.5M−$2.4M$65.3M 990 PDF
FY2021Filed with the IRS Sep 2, 2022 $531K$2.9M−$2.4M$76.9M 990 PDF
FY2020 ViewingFiled with the IRS Jul 30, 2021 $2.7M$2.6M$104K$69.2M 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $2,715,291 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,883,458$1,846,660
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $4,765,254$868,631
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $6,648,712$2,715,291
I-13 Grants and similar amounts paidPrior year $2,652,369$2,566,817
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $169,762$44,848
I-18 Total expensesPrior year $2,822,131$2,611,665
I-19 Revenue less expensesPrior year $3,826,581$103,626
Part VI · Governance 7 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $2,715,291 across 5 lines filed
VIII-1f All other contributions, gifts and grants$1,846,660
VIII-1h Total contributions, gifts and grants$1,846,660
VIII-3 Investment incomeExcluded from tax $8,308$8,308
VIII-7 Net gain or loss on sales of assetsExcluded from tax $860,323$860,323
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $868,631$2,715,291
Part IX · Statement of functional expenses $2,611,665 across 6 lines filed
IX-1 Grants to domestic organizationsPrograms $2,566,817$2,566,817
IX-11b Legal feesManagement $22,686$22,686
IX-11f Investment management feesPrograms $17,602$17,602
IX-13 Office expensesManagement $597$597
IX-23 InsuranceManagement $3,870$3,870
IX-24 Other expenses (24a–d)Management $93$93
IX-25 Total functional expensesPrograms $2,584,419 · Management $27,246 · Fundraising $0$2,611,665
Part X · Balance sheet $69,164,126 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $920,194$3,534,290
X-3 Pledges and grants receivableStart of year $752,700$1,927,494
X-4 Accounts receivable$2,500
X-12 Other securitiesStart of year $59,910,044$63,699,842
X-16 Total assetsStart of year $62,814,798$69,164,126
X-26 Total liabilitiesStart of year $128,350$0
X-28 Net assets with donor restrictionsStart of year $62,686,448$69,164,126
X-32 Total net assets or fund balancesStart of year $62,686,448$69,164,126
X-33 Total liabilities and net assetsStart of year $62,814,798$69,164,126
Part XI · Reconciliation of net assets $69,164,126 net assets at year end
XI-1 Total revenue$2,715,291
XI-2 Total expenses$2,611,665
XI-3 Revenue less expenses$103,626
XI-4 Net assets at start of year$62,686,448
XI-5 Net unrealized gains (losses) on investments$6,374,052
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$69,164,126

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.